On May 8, join Nasdaq Verafin experts Nick Pearson, Product Management Senior Specialist – Fraud, and Corey Lynch, Director of Sales Communications and Product Liaison, for an exclusive demonstration of Nasdaq Verafin’s Check Fraud solution.
Discover how Nasdaq Verafin uses machine learning, trained on millions of transactions and fraud data in our Cloud, to fulfill all your institution’s check fraud detection needs. Leveraging consortium and cross-channel insights, our solution identifies new risk factors, expediting check fraud investigations. You will learn how our holistic approach increases fraud detection and your investigative efficiency while reducing false positives with an all-in-one platform.
Highlights of this product demonstration include:
- Our image analysis strategy, which uses over 300 image-based features in its risk model to help investigators identify fraudulent checks. Key features include examining the back of the check, among others.
- Our counterparty analysis strategy, including our examination of payer, payee, and Bank of First Deposit insights.
- Our behavioral analysis strategy, which analyzes account, transaction, and MICR information to identify suspicious checks.
